-down" model of executive optimization. Others, like salience theory, assume a "bottom-up" influence where attention is driven by …-specific and decisionspecific variation in attention and verify our framework in an eye-tracking experiment on risky choice. We … aversion. We discuss the insights regarding the nature of attention and its role in economic theory. …

This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and …

aversion. An accompanying laboratory experiment confirms that an exogenous increase in income risk causally leads to this …

correlating a new individual index of debt aversion on individual characteristics such as gender, cognitive ability, and risk … aversion. The findings suggest that gender and risk aversion are not correlated with debt aversion. However, cognitive ability …